Course Category: Personal Property

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BK 102: Schedule A/B – Property

Schedule A/B: Property Every Chapter 7 debtor must file a schedule of assets that identifies both real property and personal property.  11 U.S.C. § 521(a)(1)(B)(i); Bankruptcy Rule 1007(b)(1)(A).  Real property consists of land and anything permanently affixed to the land, homes, buildings, air rights above the land, and underground rights below the land. …